Article – Regional Price Index shows cost of living in WA’s north has dropped significantly

by 19 December 2013

19 December 2013 ABC News

The latest survey of the cost of living in regional WA has shown a significant drop in living costs in the state’s north.

The State Government assesses the cost of 500 goods and services in 27 regional centres as part of the Regional Price Index every second year.

Despite the drop, living costs remained highest in the Pilbara region, followed closely by the Kimberley and Gascoyne.

Living costs in regions [...]

Article – It’s time to live within our means, says Joe Hockey

by 19 December 2013

18 December 2013 David Crowe and David Uren The Australian

AUSTRALIA is heading for an economic trough that will put more jobs at risk as the mining boom subsides, deepening the budget deficit and putting federal debt on track to hit $667 billion.

In a bleak revision of the nation’s outlook, Joe Hockey declared that the “entire community” would have to accept spending cuts and other harsh measures to prevent the deficits from continuing for [...]

Article – New Ord development

by 19 December 2013

13 December 2013 Tyson Cattle North Queensland Register

THE Ord Irrigation Scheme is set to double in size with the State Government signing a new development agreement with Kimberley Agricultural Investments (KAI) last week.

Under the agreement, KAI is required to construct on-farm infrastructure and develop and crop farmland to secure a 50-year lease over 7400 hectares of Goomig land.

As part of the agreement there is also a three-year option to further [...]

Article – Korea EximBank to Lend $1 Bil. in Australian Iron Ore Development Project

by 18 December 2013

17 December 2013 Korea Economic Daily

Korea EximBank said on December 16 that it would provide a US$1-billion project financing loan to the Roy Hill iron ore mining project in the Pilbara region of Western Australia. The state-run bank will lend $550 million in loans and $450 million in loan guarantees to the project led by POSCO and implemented by Samsung C&T.

In addition to Korea EximBank, other financial institutions such as Korea Trade Insurance [...]

Article – Downturn in mining investment threatens economic growth, says Joe Hockey

by 18 December 2013

17 December 2013 Ben Packham The Australian

JOE Hockey says a sharper-than-expected fall in mining investment makes the success of new mining projects like Gina Rinehart’s Roy Hill development crucial to bolstering economic growth.

Releasing his mid-year budget update at the National Press Club, the Treasurer lamented the soft growth outlook for the Australian economy, which is forecast to remain at a below-trend 2.5 per cent for at least two years.

“Ongoing cost-cutting in some [...]

Inquiry looks to trade on the future of Northern Australia

by 17 December 2013

17 December 2013 Parliament of Australia News

A broad-ranging new inquiry into the future of Northern Australia will seek to help define the region as an economic powerhouse for the nation.

The inquiry by the Joint Select Committee on Northern Australia will examine economic, taxation and infrastructure policies which could help support development in the parts of Australia north of the Tropic of Capricorn, which includes large parts of Western Australia, Queensland and the Northern [...]

Article – Push to triple Top End’s population in 30 years

by 17 December 2013

17 December 2013 Dan Harrison Brisbane Times

The chairman of a parliamentary committee examining ways to turbocharge the Top End wants to see the population of Northern Australia triple within 30 years.

While about 40 per cent of Australia’s land mass lies above the Tropic of Capricorn, only about 1 million people live there.

Warren Entsch, the chairman of the federal parliament’s Northern Australia committee said he would like to see the population of the [...]

Joint Select Committee on Northern Australia membership list

by 16 December 2013

Joint Select Committee on Northern Australia Committee Members – 44th Parliament Members The Hon Warren Entsch MP (Liberal Party of Australia, Leichhardt, QLD) Chair The Hon Alannah MacTiernan MP (Australian Labor Party, Perth, WA) Deputy Chair Senator Sue Boyce (Liberal Party of Australia, QLD) Mr George Christensen MP (The Nationals, Dawson, QLD) Senator Alan Eggleston (Liberal Party of Australia, WA) The Hon Gary Gray AO, MP (Australian Labor Party, Brand, WA) Mrs Natasha [...]

Australians for Northern Development & Economic Vision (ANDEV)

by 16 December 2013

9 December 2013 Imants Kins ANDEV co-chair

In 2010, a small group of like-minded private citizens got together and said, Why hasn’t the development of Northern Australia been given the attention it deserves? We have all been working in the North in some capacity or other for most of our working lives and have a strong connection to the place. So rather than sit around complaining about this policy failure, Mrs. Gina Rinehart said, “Let’s [...]

Media Release – North Australia on Canberra Agenda

by 16 December 2013

11 December 2013 Danielle Parry NT Govt Newsroom

 

 

 

 

 

Chief Minister Adam Giles travels to Canberra today where he will be pressing his Federal colleagues for the Territory to take a central role in the development of North Australia.

Mr Giles will hold meetings with the new Federal Government tomorrow ahead of Friday’s Council of Australian Governments (COAG) meeting with Premiers, Chief Ministers and the Prime [...]